North Carolina Speedway changes hands"Eight bidders paced the grassy infield of the North Carolina Speedway on Tuesday, staring one another down.
"They cast their eyes about, trying to guess who were the bosses with the bucks behind the strangers holding auction paddles.
"Locals flanked the mysterious investors, swapping hugs and arm pats as if a loved one had died. Rocky, the stray cat who settled at the speedway after birthing a half-dozen litters, had vanished; the track's superintendent said the change afoot scared her," writes the
News & Observer.
"A bluegrass band played ballads, and auction company officials tried to shepherd bidders toward a barbecue buffet. But not much can distract a man ready to take a multimillion-dollar chance on resurrecting an old-fashioned speedway that turned homegrown racers into NASCAR superstars.
"It took 10 minutes to seal the fate of the 'The Rock,' dormant since its owner shifted its remaining NASCAR race to a glitzier venue near Fort Worth, Texas. This summer, Bruton Smith, a Charlotte billionaire who owns a collection of speedways, decided to sell the property at auction. ..."
Feds favor Swain payout in 'Road to Nowhere' case"The federal government has recommended a financial settlement to Swain County in lieu of building the North Shore Road, sometimes called 'the Road to Nowhere,' through the Great Smoky Mountains National Park," writes the
Asheville Citizen-Times.
"The National Park Service and the Federal Highway Administration released their final environmental impact statement Tuesday, saying the settlement would ensure the resources of the park for future generations.
"Park spokesman Bob Miller said so far the government has spent $10 million on the issue.
"The environmental impact statement will become the government’s official decision 30 days after the Environmental Protection Agency publishes its notice of availability in the Federal Register, which is expected in a few days. ..."
(Sign photo courtesy of Western NC Attractions.com)
Posts
